Theoretical Economics Letters

Vol.2 No.5(2012), Paper ID 25935, 4 pages

DOI:10.4236/tel.2012.25104

 

On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints

 

Shin-Ichi Nishiyama, Ryo Kato

 

Tohoku University, Sendai, Japan
Bank of Japan, Tokyo, Japan

 

Copyright © 2012 Shin-Ichi Nishiyama, Ryo Kato et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article

S. Nishiyama and R. Kato, "On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints," Theoretical Economics Letters, Vol. 2 No. 5, 2012, pp. 566-569. doi: 10.4236/tel.2012.25104.
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